13 April 2024 | 19 replies
If it's feasible I always recommend to start investing locally and sourcing the deals, contractors and if interested manage yourself.
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11 April 2024 | 10 replies
@Samuel Metcalf- Most HELOC lenders only lend on primary homes ...the few lenders that do HELOCS on rentals will likely have a low CLTV ( and a high margin over prime which will lead to a rate in double digits ) .. check with the banks / credit union located close to the property and also maybe there will be some feedback on this thread pointing towards lendign sources that might work
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12 April 2024 | 36 replies
I started local because I was more hands-on and wanted to experience the process.
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10 April 2024 | 0 replies
Despite mortgage rates being double what they were two years ago, the overall borrowing environment remains favorable for state and local entities.Key initiatives driving this surge include efforts by entities like the Michigan State Housing Development Authority, which recently launched a $425 million bond sale aimed at providing affordable mortgages to over 2,700 families.
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12 April 2024 | 6 replies
@Tim SwierczekThis must be local to you.
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13 April 2024 | 10 replies
Take a class on Financial Planning at a local Junior College.
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13 April 2024 | 5 replies
Not only is the new owner taking subject to local law, but taking subject to means current owners cannot conduct sham sales in order to evade tenant protections.
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12 April 2024 | 11 replies
If you want to use a local company to manage your rental instead of self-managing, I can put you in contact with a great team!
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12 April 2024 | 27 replies
Choosing a market for your first investment should be as close to local as possible or you won't learn anything and will be too hands off.
12 April 2024 | 3 replies
Have you tried attending any FREE local real estate meet ups in your area?